$430,000

406 Bluff Drive, Melbourne, FL 32901

  • 3,324 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Step back in time and unlock the potential of this rare historic income property just moments from the Indian River and vibrant downtown Melbourne. Situated on an oversized .57-acre lot, this unique multi-family propertly offers endless possibilities for investors, developers, or those seeking a one-of-a-kind residential estate. Originally built in 1925, the property features a charming quadplex, an additional apartment and a detached 3-car garage with ample carport parking, creating a flexible layout ideal for rental income or redevelopment. With approximately 3753 total square feet and zoning that allows for multiple living units, there is potential to expand. While the inside will require build-out, the opportunity to restore or redesign makes this a true value-add investment. If you're looking for an income producing investment, your dream home with space to grow, this property delivers unmatched potential. Cash only, no wholesalers please.

Listing Status:
Active
Date Added:
April 23, 2026
Data Last Updated:
April 30, 2026 at 11:36PM
Listing Office:
Denovo Realty : 321-237-1887
Listing Agent:
Kara L Baker : 321-514-2222
MLS ID:
1075519
  • A/C: None
  • Heating: None
  • Parking: Other
  • General: ConcreteStucco
  • Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
  • County: Brevard
  • Zoning: INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 20020127-37-27-51-00000.0-0200.00
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of Kara L Baker , Denovo Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location